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U.S. livestock: Live cattle drop from one-year peak, hogs rise

Chicago/Reuters – Chicago Mercantile Exchange live cattle fell on Monday in a profit-taking setback after notching one-year highs for four straight days last week, traders said. Larger-than-expected cattle placements in a monthly government report issued after the market closed on Friday added pressure to start the week, with deferred contracts posting the steepest declines. “The […] Read more



Canadian Financial Close: C$ underpinned by US$ weakness

By Commodity News Service Canada WINNIPEG, April 24 (CNS Canada) – The Canadian dollar was slightly firmer on Monday, seeing a modest recovery to start the week as broad-based weakness in the US dollar internationally provided support. The Canadian dollar closed at US$0.7412 or US$1=C$1.3492, which compares with Friday’s close of US$0.7404, or US$1=C$1.3506. Better-than-expected […] Read more

Pulses: Canadian pea exports stay strong

By Commodity News Service Canada Winnipeg, April 24 (CNS Canada) – Canadian pea exports remain strong, with 134,000 tonnes moving out of the country during the week ended April 16, according to the latest Canadian Grain Commission data. That brings the year-to-date total to 2.82 million tonnes, which is about 800,000 tonnes ahead of the […] Read more


North American Grain/Oilseed Review: Canola Continues Higher

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, April 24 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Monday, hitting their highest levels of the past months as concerns over tightening supplies and speculative buying provided support. Weather issues in Western Canada contributed to the strength. Rain and snowfall in many regions […] Read more

Feed grains: CDN wheat exports below year-ago levels

By Commodity News Service Canada WINNIPEG, April 24 (CNS Canada) – About 275,000 tonnes of wheat were exported last week, according to data from the Canadian Grain Commission (CGC) for the week ending April 16. That brings the year-to-date total near 12 million tonnes, which compares with close to 12.6 million the year prior. About […] Read more


ICE Canola Climbs With Concerns Over Tightening Supplies

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, April 24 (CNS Canada) – ICE Futures Canada canola contracts were stronger at midday Monday, outpacing Chicago Board of Trade soybeans to the upside as tightening supplies provided support. “We’re just flat running out of canola,” said a Winnipeg-based broker, adding that the market is working to […] Read more

ICE canola Starts week off stronger

By Jade Markus, Commodity News Service Canada WINNIPEG, April 24 – ICE Canada canola contracts started the week off on a high note, underpinned by weekend snow. Snow in areas of Western Canada over the weekend, and forecasts for more to come, further hinders producer-ability to get into fields to harvest last year’s crops, which […] Read more


Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, April 24 (CNS Canada) The Canadian dollar was stronger Monday morning, seeing a modest correction off of nearby lows to start the week. At 8:47 CDT Monday morning the Canadian dollar was at US$0.7426 or C$1.3470 which compares with Friday’s North American close of US$0.7404 or C$1.3506. Better-than-expected Canadian […] Read more

Global markets: Crude futures notch slightly higher

By Commodity News Service Canada WINNIPEG, April 24 – The following is a glance at the news moving markets globally. – Crude oil futures advanced in early activity on Monday, in recovery-based trade after last week’s losses. OPEC (Organization of the Petroleum Exporting Countries) members are discussing a production cut extension, which added to the […] Read more